by admin | Jul 29, 2016 | Constuction & Business News, Manufacturer News
Hedge fund plans to push for change at Terex but doesn’t offer specifics By BOB TITA and MARIA ARMENTAL Two months after Zoomlion abandoned its attempt to acquire Terex Corp., a San Francisco activist investor on Thursday has disclosed a 5.1% stake in the maker of...
by admin | Jul 28, 2016 | Constuction & Business News, Manufacturer News, Mining News, Workforce News
After failing to meet job-creation goals for the past three years, Caterpillar Inc. is requesting amendments to the $10 million economic development deal it struck with Forsyth County in 2011. Journal Now reports, the company is asking the county to lower — from 196...
by admin | Jul 27, 2016 | Constuction & Business News, Manufacturer News, Mining News
Caterpillar Inc. said Tuesday it doesn’t anticipate a rebound this year for its construction and mining equipment, as the company shrunk its profit forecast and warned of additional layoffs. WSJ reports, Caterpillar topped second-quarter profit and sales expectations....
by admin | Jul 26, 2016 | Constuction & Business News, Manufacturer News
Europe’s largest reinforced earth wall structure can be found in the UK, following the completion of a large-scale project at Fisher Street, Newcastle. Lumsden and Carroll, the civil engineering arm of construction company Esh Group, oversaw a £2.7m reinforced earth...
by admin | Jul 26, 2016 | Constuction & Business News, Manufacturer News
Ritchie Bros. conducted its seventh Texas auction of the year, selling more than 4,600 equipment items and trucks for approximately $59 million over two days in Fort Worth, TX. More than 4,600 people from 55 countries registered to bid in the unreserved auction,...
by admin | Jul 23, 2016 | Constuction & Business News, Manufacturer News, Mining News
Komatsu seems to understand the concept of “buy low” a little better than its U.S. rival Caterpillar. Bloomberg Gadfly reports, the Japanese dump-truck maker on Thursday announced it’s acquiring Joy Global for $28.30 a share, or more than $3.6...
